Vantiv (VNTV) has been under a strong bear grip, hence the stock is down -2.08% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.62% in the past 1 week. The stock has risen by 1.13% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.21% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.12% and the 50-Day Moving Average is 3.25%.The 200 Day SMA reached 2.97%. Vantiv, Inc. is up 0.19% in the last 3-month period. Year-to-Date the stock performance stands at 13.67%.
Vantiv (NYSE:VNTV): After opening at $53.88, the stock dipped to an intraday low of $53.3 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $54.04 and the buying power remained strong till the end. The stock closed at $53.9 for the day, a gain of 0.63% for the day session. The total traded volume was 1,019,786. The stocks close on the previous trading day was $53.56.
Vantiv, Inc. (Vantiv) is a holding company that conducts its operations through its majority-owned subsidiary, Vantiv Holding, LLC (Vantiv Holding). The Company operates in two segments: Merchant Services and Financial Institution Services. The Merchant Services segment provides merchant acquiring and payment processing services to national merchants, regional and small-to-mid sized businesses. Merchant Services includes aspects of card processing, including authorization and settlement, customer service, chargeback and retrieval processing and interchange management. The Financial Institution Service segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine (ATM) driving and network gateway and switching services. It also offers processing for accounts, such as business cards, home equity lines of credit and health savings accounts.